He has an interesting outlook. If what he says is true, it is bearish for our strategy.
He thinks that the lack of leverage is deflationary, and therefore not enough to prop up the inflated equity and commodity markets because there is no more money available to come in.
Not sure I agree as the Fed is fighting the deflation full force...
2 comments:
He has an interesting outlook. If what he says is true, it is bearish for our strategy.
He thinks that the lack of leverage is deflationary, and therefore not enough to prop up the inflated equity and commodity markets because there is no more money available to come in.
Not sure I agree as the Fed is fighting the deflation full force...
What does everyone else think?
I think the FED will continue to add more and more liquidity printing as much as it needs - thus delaying the inevitable.
This is good for PM's and all commodities.
Anyone have an oil play? How about agriculture?
Post a Comment